Economy
Euro area swings to $8.9 billion trade deficit as imports rise 10 percent, EU gap hits $13.8 billion
An energy shortfall and weaker manufacturing surplus reversed last year’s EUR15 billion goods trade surplusÂ
The central bank signaled that further increases may follow as inflation and household debt risks persistÂ
The agreement expands goods, services and professional mobility across both markets.
Despite the slowdown, China’s economy expanded 4.7 percent in the first half of the year, keeping growth broadly on track with Beijing’s annual target
The pilot will cover person-to-person, retail, mobile and e-commerce transactionsÂ
The U.S. president criticized Madrid’s refusal to meet the alliance’s new spending targetÂ
World Bank keeps China GDP growth forecast at 4.4 percent for 2026 as AI investment supports economy
The economy remains resilient despite global energy and external risks
Record capital goods imports and strong domestic demand weighed on second-quarter growth
India and Japan agreed to deepen cooperation in areas including artificial intelligence, critical minerals, energy and defense
Fresh Eurostat data suggests price pressures in the euro area are becoming less intenseÂ
Samsung Electronics and SK Hynix will jointly invest 800 trillion won to build two advanced semiconductor fabrication plants each
Rising energy prices linked to Middle East tensions push inflation above Fed target levels
The move fulfills the EU’s obligations under a trade deal and helps avoid renewed tariff tensionsÂ
Proposed central bank digital currency would complement cash and strengthen payment sovereignty
Policymakers remain focused on inflation while supporting economic growthÂ
A new report highlights the rising economic burden of extreme weather across the EUÂ
The central bank warned that geopolitical tensions are clouding the inflation outlookÂ
Eurostat data showed inflation accelerated across both the euro area and the European Union
The central bank raised its short-term policy rate to 1 percent from 0.75 percent, pushing borrowing costs to their highest level since 1995
Mixed signals from inflation and GDP leave policymakers balancing stability and weak momentumÂ
The member states' share of global trade has more than doubled since inception
Sharp decrease is largely attributed to aggressive efforts by Tokyo authorities to stabilize the yen
Private sector activity contracts at fastest pace in 18 months
